OLYMPIA, WA—Revealing his identity as the winning bidder in the record-breaking Christie’s auction, local venture capitalist Ian Engel told reporters Friday that since spending $69.3 million on a collage by the digital artist known as Beeple, he had finally begun to understand what NFTs are. “Now that I’ve dipped my…
OLYMPIA, WA—Revealing his identity as the winning bidder in the record-breaking Christie’s auction, local venture capitalist Ian Engel told reporters Friday that since spending $69.3 million on a collage by the digital artist known as Beeple, he had finally begun to understand what NFTs are
. “Now that I’ve dipped my toes into the market with this first investment, I’m starting to get a handle on what nonfungible tokens—that’s what it stands for, it turns out—are all about,” said Engel, who, after hearing friends talking about how the emerging asset class might make a sophisticated addition to their portfolios, decided to look into NFTs by spending tens of millions of dollars on one that consisted of an image available for free online.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Punk6529 unveils Metaverse museum district: ‘Most high-end art NFTs ever’The OM metaverse platform’s creator noted that “I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together.”
Read more »
Emirates Flies Into the Metaverse With Airline NFTsThe latest big name to get involved in the NFT and Metaverse space is Middle East airline Emirates by committing “significant” investment into the sector.
Read more »
Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow 'Very Significantly' – Featured Bitcoin NewsThe CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will 'become bigger' and NFTs will continue to 'grow very significantly.'
Read more »
Amazon CEO Andy Jassy Bullish on Crypto and NFTs | CoinMarketCapWill Amazon soon accept crypto? 🤔 Its CEO, Andy Jassy, answered this question in an interview. He also talked about the future of NFTs on Amazon. His answers might surprise you... Read the full story by TheCoinPope1 here! 👇
Read more »
How OpenSea Cornered the $17 Billion Market for NFTsOpenSea is the biggest online marketplace that allows people to easily create, sell and buy NFTs.
Read more »
While men wanted, women did: Empowering female creators with NFTs and cryptoBlockchain and empowerment go hand in hand. Female creators in the NFT and crypto scene are building more projects centered around social activism and fighting inequality.
Read more »